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1830 7th Street
Long Beach, CA 90813
1830 - 1838 E. 7th Street is an 11-unit apartment asset in Long Beach, California. The property is offered at 10.95 GRM and 5.95% cap rate on current rents. The property is comprised of three buildings situated on an 11,668-square-foot lot. There are seven 1BD / 1BA units; two 2BD / 2BA units; one 3BD / 2BA unit; and one 4BD / 3BA house that could be an excellent owner's unit. Most of the 1BD / 1BA units feature attractive patio entrances. All of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. Most remodeled units offer in-unit washers and dryers. There are six garages that offer the opportunity for ADU conversion to capture additional rental income.
PROPERTY INFORMATION
| MLS # | PW23166122 | Lot Size | 11,668 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Commercial/Residential |
| Price | $ 2,595,000
Price Per SqFt: $ 429 |
DOM | 610 Days |
| Address | 1830 7th Street | Type | Residential Income |
| City | Long Beach | Sq.Ft. | 6,044 Sq. Ft. |
| Postal Code | 90813 | Garage | 6 |
| County | Los Angeles | Year Built | 1919 |
| Bed / Bath | 10 / 0 | Parking | 6 |
| Built In | 1919 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Inside |
| EntryLocation | 1 |
| Entry Level | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
Walk Score: 94 (Walker's Paradise)
Transit Score: 50 (Good Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,768
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 06/10/2024 | Price Change | $2,595,000 (-2.08%) |
| 05/17/2024 | Price Change | $2,650,000 (-1.85%) |
| 03/28/2024 | Price Change | $2,700,000 (-3.57%) |
| 01/09/2024 | Price Change | $2,800,000 (-4.11%) |
| 10/02/2023 | Price Change | $2,920,000 (-2.67%) |
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Listing provided courtesy of Robert Stepp, Keller Williams - Santa Monica. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
